INC TX-PATENT DEDUCTIONS Senate SponsorsSen. Frank C. Watson-Bill Brady-Jeffrey M. Schoenberg-Dan Kotowski and Randall M. Hultgren House Sponsors(Rep. Robert F. Flider) 1/13/2009SenateSession Sine Die 35 ILCS 5/203from Ch. 120, par. 2-203Amends the Illinois Income Tax Act. Creates an income tax deduction for taxpayers who are individuals, corporations, or not-for-profit organizations for income, royalties, or receipts from patents for an invention resulting from a development process conducted in Illinois. Effective immediately. 2/14/2008SenateFiled with Secretary by Sen. Frank C. Watson 2/14/2008SenateFirst Reading 2/14/2008SenateReferred to Rules 3/5/2008SenateAssigned to Revenue 3/13/2008SenateDo Pass Revenue; 008-000-000 3/13/2008SenatePlaced on Calendar Order of 2nd Reading April 1, 2008 3/13/2008SenateAdded as Chief Co-Sponsor Sen. Bill Brady 4/2/2008SenateAdded as Chief Co-Sponsor Sen. Jeffrey M. Schoenberg 4/8/2008SenateSecond Reading 4/8/2008SenatePlaced on Calendar Order of 3rd Reading April 9, 2008 4/16/2008SenateAdded as Chief Co-Sponsor Sen. Dan Kotowski 4/16/2008SenateAdded as Co-Sponsor Sen. Randall M. Hultgren 4/16/2008SenateThird Reading - Passed; 059-000-000 4/17/2008HouseArrived in House 4/17/2008HousePlaced on Calendar Order of First Reading 4/17/2008HouseChief House Sponsor Rep. Robert F. Flider 4/17/2008HouseFirst Reading 4/17/2008HouseReferred to Rules Committee 4/30/2008HouseAssigned to Revenue Committee 5/9/2008HouseCommittee Deadline Extended-Rule 9(b) May 23, 2008 5/23/2008HouseFinal Action Deadline Extended-9(b) May 31, 2008 5/31/2008HouseRule 19(a) / Re-referred to Rules Committee 1/13/2009SenateSession Sine Die